LUBBOCK AREA ADDICTION SERVICE INC (EIN 752514367) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

LUIS LOPEZ

Phone

8067256041

Tax Period

2023-09-01 to 2024-08-31

LUBBOCK AREA ADDICTION SERVICE INC, founded in 1976, is a micro nonprofit in the Mental Health sector that reported $12K in total revenue in fiscal year 2023. Expenses of $31K exceeded revenue, resulting in a 157% operating deficit.

Mission

LUBBOCK AREA ADDICTION SERVICE PROVIDES FUNDING FOR ALCOHOLICS ANONYMOUS, NARCOTICS ANONYMOUS, AND RECOVERY CONVENTIONS AND MEETINGS. LAAS PROVIDES SUPPORT FOR CLIENTS AND FAMILIES OF CLIENTS THAT ARE IN TREATMENT FOR ALCOHOL AND DRUG ABUSE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $11,978

TOTAL REVENUE $11,978

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $30,770

Other Expenses $30,770

TOTAL EXPENSES $30,770

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,978	$-13,183	-1.9%
Expenses	$30,770	$39,300	-0.2%
Net Income	$-18,792	$-52,483	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$15,100

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTINA LOPER	DIRECTOR	5.00	Director	$0	$0	$15,100
JONA JANET	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
LUIS LOPEZ	PRESIDENT	10.00	Officer Director	$0	$0	$0
RANDY MCADAMS	SEC/TREAS	2.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$11,978	$30,770	$64,024	$-18,792
2023	$-13,183	$39,300	$82,465	$-52,483
2022	$28,354	$46,969	$137,971	$-18,615
2021	$76,455	$59,153	$157,607	$17,302
2020	$52,191	$24,285	$142,151	$27,906

LUBBOCK AREA ADDICTION SERVICE INC